LOS ANGELES–Belltower Entertainment (OTC BB: BTOW) announced today that it has entered into a formal agreement with Women’s Health House Inc. to acquire a 10% revenue interest in a product clinically proven to eliminate lower face wrinkle lines, non-surgically, with up to an 87% reduction, and has been previously featured on NBC, CBS, ABC, FOX, and Rachael Ray, Extra and Star Beauty Secret.
Filming of the production has been completed and is scheduled to begin airing on National television within the next two weeks.
Belltower recently announced a joint venture partnership with Women’s Health House (WHH) for the marketing of products primarily aimed at the female consumer. Belltower will receive 10% net of all revenues generated from the sales of the product through Direct Sales Television Marketing (infomercials) that will translate to approximately $2.00 for every unit sold through this medium. The product is currently available online through various retailers such as Walgreens and others ranging in price from $29.95 to $69.95.
This is the first of several products that Belltower will profit participate in through its joint venture partner Women’s Health House.
In addition to the Florida production facility that Belltower is currently contemplating with Three-Thirteen Productions, the company is currently in talks to build out a Production facility in the Palm Springs, California area that would facilitate and provide infomercial production capabilities as well as pre- and post-production services for Belltower and Women’s Health House DSTM needs including Belltower’s own Independent Film Division projects.
The company will release further details when a definitive agreement is finalized. Formal closing is anticipated to take place within 7 days from today’s date.
Belltower Entertainment Corp. is a fully integrated film entertainment company based in Los Angeles with a satellite office in Shanghai, China complemented by strategic production and finance partners throughout the world. Our goal and focus is in securing ownership of film projects to be developed and packaged in-house, which attract premier talent from both behind the camera and in front of it, while keeping costs down through tax friendly production territories and other soft money avenues. Belltower creates favorable studio participation for distribution and P&A funding with critically acclaimed screenwriters and top talent attachments.
With a focus on Asia and Latin America, Belltower is strategically positioned to produce high quality content at cost-effective budgets while maximizing profit margins and upside potential for both the company and its shareholders by retaining control and ownership of its feature film projects.
This release may contain statements that are forward-looking. Such statements are made based upon current expectations that are subject to risk and uncertainty. Belltower Entertainment Corp. does not undertake to update forward-looking statements in this news release to reflect actual results of and changes in assumptions or changes in other factors affecting such forward-looking information. The actual future plans and results of the company could differ significantly from such forward-looking statements.
